Cineverse vs Gaia
Gaia is the larger business, with $99.0m of revenue in fiscal 2025 against $65.7m for Cineverse (1.5 times as much). Gaia grew faster (10.8% against -15.9%). Gaia kept more of each dollar of sales as profit: a net margin of -4.5% against -13.2%.
| Latest fiscal year | CineverseCNVS, 2026 | GaiaGAIA, 2025 |
|---|---|---|
| Revenue | $65.7m | $99.0m |
| Revenue growth | -15.9% | 10.8% |
| Net income | −$8.7m | −$4.5m |
| Operating margin | — | -5.2% |
| Net margin | -13.2% | -4.5% |
| Return on equity | -20.8% | -5.3% |
| Free cash flow | −$26.5m | −$377,000 |
| Cash | $3.4m | $13.5m |
| Total debt | $22.0m | $5.7m |
| Debt to equity | — | 6.5% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $0 | — |
| Employees | 300 | 112 |
| Market value | $32.2m | $32.3m |
| Price vs our value range | — | — |
| Moat score | 36 (Weak) | 38 (Weak) |
| Insider trades, 12 months | 7 buys, 2 sales | 32 buys, 0 sales |